RE: Elephant Oil Corp - update30 Dec 2022 11:07
Best time in history for UJO - The very high oil price, and they've managed to monetise one asset.
Still never made a profit yet - still a long way below the placing price and the money raised to date - the industry is increasingly out of favour the institutions have no interest in this sector. Factor in the more you pump the closer you get to the inevitable running out and de-commisioning, along with the funds needed to waste elsewhere - this is still no more than a complete punt.
£1, is clueless beyond belief..!!!!